As long as BNM maintain the BLR, the bubble will not burst, but price adjustment here and there surely happen.

Those crazy thing like BLR> 10% and buying condo free apartment thing in 1997 will be in the history book forever.

Klang valley property price is dirt cheap compare to tier 1 cities in China today. Those so-so location, 1000sqft apartment is average about 2 mil RMB (Shanghai average 3.5 mil, Shenzhen 3 mil and beijing 2.8 mil) considering fresh graduate in China only get pay 3k RMB. Most China graduates can only afford to buy in kampong only even that will cost them 600k RMB.

This post has been edited by KLsooner: Jul 1 2010, 10:06 PM

As long as bird nest price, palm oil price and rubber price stay strong, property bubble will not burst.

Too many uncle and aunties who owns plantation and bird house go house shopping now.